#cryptocurrency documentary
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Stoopid Buddy Studios creator of adultswim show RobotChicken, and marvelentertainment Modok, is releasing a documentary on creating a Float for the Rose Parade.
Exclusively premiering on Twitter this Tuesday.
#Sharp#Pickle Cone#a nouns documentary#nouns dao#cryptocurrency#new technology#Stoopid Monkey Animated Productions#AdultSwim#rose parade#nathan for you#decential media#marvel entertainment#modok#iron man#comedy central#mint#efts#The narrator sounds like the host of comedycentral show Nathan For you
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The correct path (2023) – 4 stars
Chen Chunquan’s cinematography regularly offers up stunning visual juxtapositions, posing grandiose images against the latest ways in which aspiring billionaire/delivery courier Li Wei has been bamboozled.
Director: Chen Chunquan Running time: 1hr 13mins Everyone’s heard the speech that opens The correct path. Never in this exact form, or directly from Chinese entrepreneur Li Wei, but we’ve all heard what he’s got to say a million times over. After detailing grand plans of how he will spend his first ¥100 billion – including giving each of his employees ¥5 billion – he details the secrets to…
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#capitalism#China#critique#crypto bros#cryptocurrency#documentary#hard work#ideology#indy film#ponzi scheme
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The fascinating tale of bitcoin pizza day
The emergence of cryptocurrencies as a disruptive force in the financial sector has given people another way to exchange value without the use of middlemen. With no restrictions from the government or central banks, this decentralised digital currency promises financial freedom and control. However, it took some time before cryptocurrencies were accepted by the general public.
On May 22, 2010, a significant day in the history of cryptocurrencies took place: Bitcoin Pizza Day. Laszlo Hanyecz, a programmer, offered 10,000 Bitcoins to anyone who would send him two Papa John's pizzas. Hanyecz agreed to the deal and paid 10,000 Bitcoins for two pizzas. The same Bitcoins would be worth more than $700 million today.
This occasion showed how cryptocurrencies could be used as money and paved the way for wider adoption. A public ledger known as a blockchain, which underpins Bitcoin, keeps track of all network transactions. Each transaction is verified by a network of users who solve mathematical puzzles with sophisticated algorithms, rendering it immutable.
Bitcoin Pizza Day will always be remembered as a milestone in the history of cryptocurrencies, marking the first real-world use case for Bitcoin and showing its potential to disrupt traditional financial systems. Today, cryptocurrencies have gained wider acceptance, with many businesses and individuals embracing them as a viable form of payment.
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#documentary#netflix documentary#cryptocurrency#bitcoin#etherum#litecoin#dogecoin#amazon prime#amazon prime video#plex tv channels#cryptopia#blockchain
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Hi! I ended up reading through Choas Plan in pretty much two days (your writing is actually phenomenal) but I was actually curious on your inspirations to write it? Did it come from any other particular works or maybe episodes from sp?
WHAT NO WAY😭😭😭😭😭😭WHAT THE HELL THAT'S SO NICE HOLY SHIT THANK YOU SO MUCH <33333
You can't just ask me shit like that dude I will respond with a huge fucking essay I LOVE questions like that!!!!
I honestly have several inspirations, many come from the show itself and some I've drawn from cyber crime documentaries and books I like (namely the Six of Crows duology by Leigh Bardugo, you might recognize the scene with Mysterion and Harris in chapter 3 is very VERY similar to the one between Kaz and Jan Van Eck at the beginning of the book), but if you've read the notes in the fic you might have seen that the story idea was initially born when I was playing TFBW.
The Idea
The U-Stor-It scene where Butters/Chaos locks the C**n and Friends in the facility and talks to them through a screen was just so fascinating to me, it reminded me a lot of Jinx from Arcane and the Joker in The Dark Knight (especially because of the flashy decorations and graffiti). Mainly the story evolved from the question I posed to myself in that moment, which was: "What needs to happen for Butters to become someone like Jinx?" and that's how I started brainstorming the backstory.
The Backstory
Obviously that was inspired mainly by Linda's behavior in Butters' Very Own Episode, but it features elements from stuff all over the series and the games that prove just how fucked up Butters' parents are and treat him.
(Remember when in TFBW he mentioned that they bought an electronic lock system to keep him in his room because he left the bathroom once while grounded? yeah, that convinced me Butters' home life probably would only get worse with the years, especially with him entering his teens & puberty, and Post Covid honestly just confirmed that.)
The Villain/Hero Concept
I hadn't yet watched much more of South Park than up until seasons 15/16 so I didn't know about Post Covid's Vic Chaos yet, I mostly just wanted to do something with Mysterion and Chaos that had a darker and serious tone without either of them having any Marvel-esque powers or tech-organizations aiding them, something closer to the South Park lore at hand and realistic enough to feel like it could happen in our world.
Chaos' Methods
With Butters having a knack for Internet-related shit and him being able to hack into a baseball stadium screen to broadcast his evil plans in the Professor Chaos episode, and ofc his whole thing in TFBW and the episode of him becoming a pimp, I figured he has the stuff to be a hacker and entrepreneur.
I started getting spoilered a lot on the whole Vic Chaos and NFT scammer thing so even though I hadn't watched Post Covid I drew a lot of inspiration from that as well. I've been watching a lot of documentaries on Cryptocurrency scams and other cyber crime related stuff, so yeah all that shit also gets my brain generating a bunch of ideas as well.
Mysterion
As for Kenny/Mysterion's side of the story- I'm a huge fan of the "criminal who gets paid by a shitty pig/capitalist who would normally never hire them to take on a job" concept in Six of Crows, so that's how I got Harris involved, later further fueled by his Thin White Line arc in TFBW.
The way Kenny used his death powers in the C**n & Friends episodes I found very intriguing, and I absolutely LOVE playing around with them, so I included my own interpretation & spin of it as an active "superpower" he uses in order to be successful enough as a vigilante to be taken seriously. His canon powers separate him from your average humanbeing. It's a way to show the audience "hey look, Kenny really is just some guy, but also no one else could take on this role, ever. He may not have super strength or speed or money for equipment backing him, but he can get into places and out like no other person ever."
Coming up with a kryptonite-type weakness was also super fun, because I didn't want things to just be too easy. Mainly it's his need to remain anonymous, but the biggest reason for that need is because he needs to keep up his ability to financially support Karen. That, I obviously got from the show-, namely episodes like Mysterion Rises, The Poor Kid and City Part of Town, but his dynamic with Karen got increasingly more interesting and influenced in the fic after I played the TFBW DLC From Dusk Til Casa Bonita. The fact that he's so obsessed with keeping her safe the best way he knows how but completely overlooks to consider letting her have a say in it, is absolutely delicious. Like fuck yes, let's go complicate these character relationships (rubs hands evilly)
TL;DR
Inspirations come from all over, but of course the main ones do come from the show and games. Kenny and Butters have always been increasingly fascinating characters to me the more I watched the show, so the fact that Kenny canonically is the only kid Butters respects (source: s16, Ep "Going Native"), to an extent that in the future Butters funded his entire career, I thought had a shit ton of potential. Hence their friendship in the fic before "the incident", and the way Butters goes about Kenny now that he's taking over the town >:)))
Thank you SO SO MUCH for the ask!!!! I hope I didn't ramble too much for what you actually wanted to know, but I just absolutely love sharing my inspirations for this fic. Really gets my brain go brrrrr heheheh I'm so so grateful that this interests you <33333
#ask#south park#sp#kenny mccormick#sp kenny#butters stotch#sp butters#sp bunny#mysterion#professor chaos#Chaos Plan#my fic#ao3 writer#sp fanfiction#south park fanfiction#fanfic#fanfiction
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Official Trailer for 'Money Electric: The Bitcoin Mystery' Documentary News Buzz
Official Trailer for ‘Money Electric: The Bitcoin Mystery’ Documentary by Alex Billington October 4, 2024Source: YouTube “If you dig deep enough, the inconsistencies will emerge.” HBO has revealed the trailer for a documentary film titled Money Electric: The Bitcoin Mystery, another investigative look at Bitcoin and the world of cryptocurrency. This would play well as a double feature with Alex…
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#Bitcoin#crypto#cullen hoback#Digital currency#documentaries#hbo#hbo docs#mystery#satoshi nakamoto#to watch#trailer
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Tether Is Releasing a Documentary. Why?
No sooner had the HBO film dedicated to the secret identity of Satoshi Nakamoto hit the screens than Tether announced their documentary project in honor of the 10th anniversary of USDT.
In the trailer, the creators pedal the theme of "USDT against inflation". They show people from Turkey, Brazil, Argentina - countries where national currencies have lost trust.
But here's the problem: everyone has known all the most interesting things about Tether for a long time. Including their close cooperation with the US government through the purchase of government bonds. Moreover, Tether buys them more actively than Germany and any other financial institution in the world.
And here cognitive dissonance arises - how to reconcile the idea of decentralization with such a level of government control? Although, I think the film will carefully avoid this topic.
However, it is interesting to watch how cryptocurrencies become heroes of films. After all, before, all the attention was taken by bankers, social networks and iPhones. Apparently, cryptocurrencies have finally entered the mainstream.
Let's see what they filmed there. Maybe they'll actually say something new, and not just polish their public image.
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🎬 God Bless Bitcoin: The Revolutionary Documentary is Here! 🌍💰
Dive deep into the transformative world of Bitcoin with our latest documentary, "God Bless Bitcoin." This film takes you on a journey through the history, the present, and the future potential of Bitcoin, showcasing how it can reshape the global financial landscape.
What to Expect:
Insightful Interviews: Hear from leading experts in the cryptocurrency space, including economists, technologists, and early Bitcoin adopters. Gain valuable insights into the origins and evolution of Bitcoin.
Deep Financial Analysis: Explore the inherent flaws and vulnerabilities of the current financial system. Understand why Bitcoin is seen as a revolutionary alternative to traditional fiat currencies.
Real-Life Stories: Discover how Bitcoin is making a tangible impact on individuals and communities around the world. From unbanked populations to financial freedom advocates, see the diverse ways Bitcoin is changing lives.
Future Prospects: Delve into the potential future of Bitcoin. What role could it play in global finance? How might it influence economic policies and financial stability in the years to come?
Why You Should Watch: Whether you're a seasoned Bitcoin enthusiast or just curious about the buzz, "God Bless Bitcoin" provides a comprehensive and engaging look at the digital currency that is poised to change everything. This documentary is perfect for anyone interested in understanding the broader implications of Bitcoin and its potential to bring about a financial revolution.
Join the Revolution: "God Bless Bitcoin" isn't just a film; it's a call to rethink the way we view money and finance. It's about exploring new possibilities and advocating for a more transparent, inclusive, and secure financial system.
Stay informed, stay inspired, and join the conversation about the future of money. Watch "God Bless Bitcoin" and be part of the movement that's redefining our economic landscape.
#GodBlessBitcoin#Bitcoin#Crypto#Cryptocurrency#Blockchain#FinancialRevolution#DigitalCurrency#BitcoinDocumentary#CryptoCommunity#BTC#BitcoinExplained#FutureOfFinance#BitcoinJourney#CryptoInsights#BitcoinImpact#FinancialFreedom#BitcoinAdoption#CryptoInnovation#EconomicRevolution#finance#unplugged financial#globaleconomy#financial education#financial empowerment#financial experts#Youtube
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Bitcoin Investing for Beginners with Etoro - Complete Tutorial
youtube
Get started with Etoro - https://www.smartbitcoininvestments.com/etoro
🚀 Ready to dive into Bitcoin investing? Our latest video is tailored for beginners like you! Join us as we walk you through the entire process of investing in Bitcoin using the user-friendly eToro platform.
💡 If you're new to cryptocurrencies and want to start your investment journey, this video is a must-watch. Learn how to create your eToro account, verify your email, navigate the platform, fund your account, select your investment type, and monitor your investments. You can register here: https://www.smartbitcoininvestments.com/etoro
By the end of this guide, you'll have the knowledge you need to confidently make your first Bitcoin investment. Don't miss out on this essential step toward financial empowerment!
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watch YouTube video here: https://youtu.be/Co7Hp6V_Oyw
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If you enjoyed the video like, subscribe, comment and share with a friend for more awesome content. Stay tuned! 😎
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Dead B.
I got this imported LP as a gift, if I still remember two or three people, high school classmates, I also don't remember now with a hundred percent certainty if it was a birthday present or it was a year-end present, the probability that it was a birthday present is bigger. If three people gave me the gift, then one of them, the brightest face in high school and the prettiest clear eye, is now living in the United States of America.
I have never laid my hands on a dollar bill, only seen them on TV, in magazines, in newspapers, and currently on the internet, so the likelihood of me getting hijacked in some cryptocurrency volatility is almost non-existent.
I also never had a Fury baseball bat, nor a Rambo knife, nor a famous and legendary M16, one of the symbols of capitalist imperialism from the United States of America. Provisional IRA? Moro Islamic Liberation Front??
The episode mentioned in the lyrics is famous, it has been mentioned in documentaries and movies. It's not what I want for myself, I love myself.
I really don't know the difference between a mechanical chair, an electronic chair, and a mechatronic chair, all the chairs I've used to date didn't have these sophistications.
This LP has a less dense sound than their previous one, and it mentions some illustrious people related to rock music, please look at the booklet in the photograph.
So I wasn't wrong, por assim dizer.
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The epic collapse of wunderkind Sam Bankman-Fried’s $32bn (£27bn) crypto empire, FTX, looks set to go down as one of the great financial debacles of all time. With a storyline full of celebrities, politicians, sex and drugs, the future looks bright for producers of feature films and documentaries. But, to paraphrase Mark Twain, rumours of the death of crypto itself have been much exaggerated.
True, the loss of confidence in “exchanges” such as FTX – essentially crypto financial intermediaries – almost surely means a sustained steep drop in prices for the underlying assets. The vast majority of bitcoin transactions are done “off-chain” in exchanges, not in the bitcoin blockchain itself. These financial intermediaries are vastly more convenient, require much less sophistication to use and do not waste nearly as much energy.
The emergence of exchanges was a major factor fuelling cryptocurrencies’ price growth and if regulators come down hard on them, the price of the underlying tokens will fall. Accordingly, bitcoin and ethereum prices have plummeted.
But a price adjustment alone is not the end of the world. The pertinent question is whether crypto lobbyists will be able to contain the damage. Until now, their money has been speaking volumes; Bankman-Fried reportedly gave $40m to support the Democrats in the US, and his FTX colleague Ryan Salame reportedly gave $23m to Republicans. Such largesse surely helped persuade regulators around the world to follow a wait-and-see approach to crypto regulation, rather than be perceived to be stifling innovation. Well, they waited, and with the FTX crash, we must hope that they saw.
But what will they conclude? The most likely path is to improve regulation of the centralised exchanges – the firms that help individuals store and trade cryptocurrencies “off chain”. The fact that a multibillion-dollar financial intermediary was not subject to normal record-keeping requirements is stupefying, no matter what one thinks about the future of crypto.
Firms would face compliance costs, but effective regulation could restore confidence, benefiting firms aiming to operate honestly, which are surely the majority, at least if one weights these exchanges by size. Greater confidence in the remaining exchanges could even lead to higher crypto prices, though much would depend on the extent to which regulatory demands, particularly on individual identities, ultimately undermined demand. After all, the major transactions currently conducted with crypto may be remittances from rich countries to developing economies and emerging markets, and capital flight in the other direction. In both cases, the parties’ desire to avoid exchange controls and taxes implies a premium on anonymity.
On the other hand, Vitalik Buterin, the co-founder of the ethereum blockchain and one of the crypto industry’s most influential thinkers, has argued that the real lesson of FTX’s collapse is that crypto needs to return to its decentralised roots. Centralised exchanges such as FTX make holding and trading cryptocurrencies much more convenient, but at the expense of opening the door to managerial corruption, just as in any conventional financial firm. Decentralisation can mean greater vulnerability to attack, but so far the largest cryptocurrencies, such as bitcoin and ethereum, have proven resilient.
The problem with having only decentralised exchanges is their inefficiency compared with, say, Visa and Mastercard, or normal bank transactions in advanced economies. Centralised exchanges such as FTX democratised the crypto domain, allowing ordinary people without technical skill to invest and conduct transactions. It is certainly possible that ways to duplicate the speed and cost advantages of centralised exchanges eventually will be found. But this seems unlikely in the foreseeable future, making it hard to see why anyone not engaged in tax and regulatory evasion (not to mention crime) would use crypto, a point I have long emphasised.
Perhaps regulators should push toward decentralised equilibrium by requiring that exchanges know the identity of anyone with whom they transact, including on the blockchain. Although this may sound innocent, it would make it rather difficult to trade on the anonymous blockchain on behalf of an exchange’s customers.
True, there are alternatives involving “chain analysis”, whereby transactions in and out of a bitcoin wallet (account) can be algorithmically examined, allowing the underlying identity to be revealed in some cases. But if this approach was always enough, and all semblance of anonymity could always be obliterated, it is hard to see how crypto could compete with more efficient financial intermediation options.
Finally, rather than simply banning crypto intermediaries, many countries may ultimately try to ban all crypto transactions, as China and a handful of developing economies have already done. Making it illegal to transact in bitcoin, ethereum and most other crypto would not stop everyone, but it would certainly constrain the system. Just because China was among the first does not make the strategy wrong, especially if one suspects that the main transactions relate to tax evasion and crime, akin to large denomination paper currency notes such as the $100 bill.
Eventually, many other countries are likely to follow China’s lead. But it is unlikely that the most important player, the US, with its weak and fragmented crypto regulation, will undertake a bold strategy any time soon. FTX may be the biggest scandal in crypto so far; sadly, it is unlikely to be the last.
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COUNTACH EXPERIENCE OFFERS FRACTIONAL SHARES WITH NFT AND BALBONI-DRIVEN RIDE-ALONG TO SOME INVESTORS
(Atlanta, Georgia) March 31, 2023 — ’87 Countach Experience, a CryptoIntelXcompany, announces a unique approach to investing at the intersection of cryptocurrency and tangible assets. Fractional shares of a 1987 Lamborghini Countach are being offered in March of 2023. The Non-Fungible Token (NFT) acts as a receipt for the fractional ownership share. As the name implies, Countach Experience will distribute ownership experiences from the restoration process to NFT holders. Valentino Balboni and his cohorts built Countach in the Lamborghini factory back in the 1970s and 1980s, bringing their firsthand knowledge to this restoration dream team. As the process unfolds, video updates and behind-the-scenes interviews will be exclusively available to the NFT holders. Countach Experience is also offering factory and shop tours with a ride-along bonus in Italy for some initial investors.
Real estate developer Chip Bulloch started CryptoIntelX.com in 2023 to analyze, educate and speculate in the developing space of cryptocurrencies. His successes in real estate have focused the company at the junction of digital and ‘real world, physical,’ tangible assets, increasingly called ‘phygital.’ Applying blockchain concepts to his real estate investment background, he studied tokenization and fractional share issuances for use in land development projects. Bulloch felt the time was right for CryptoIntelX.com to craft a bridge between digital and tangible investments by complementing the fractional share of an actual collectible car with a receipt secured by blockchain; resulting in the Countach Experience NFT.
Fractional or corporately owned collectible car investments aren’t new. The shares offered constitute a share of ownership in a vehicle, conveying a proportionate amount of benefit and risk, usually without the responsibility of maintenance or restoration management. Similar fractional collectible car offerings generally aren’t secured by a blockchain component nor convey the same experiential considerations. They also appreciate only by the variable of market fluctuations while other manageable variables do exist; condition/restoration, campaign/awards, confirming neutral or positive unknown history.
By applying tokenization to this Italian investment vehicle - instead of digital art as many NFT have been thus far - the fractional share of the Countach is among the growing number of tangible asset backed NFT. Upon finding that the legendary Lamborghini factory test driver Valentino Balboni could do the restoration, Bulloch realized others might like to participate in the ownership experience. Bulloch is also the producer of the 2004 cult classic documentary reviewing Lamborghini history, “Lamborghini Experience - 40 Years of Excellence,” so he recognized the serendipitous nature of the project was worth sharing. NFT provide an ideal platform for sharing the ownership experience in a way otherwise reserved for traditional car ownership.
Fifty-one (51) of the 100 shares will be held by Mr. Bulloch, six (6) remain of the first ten packages offered at USD$8000 per share. Another 10 will be offered in a second tier, differently packaged. Countach Experience shareholders can trade or auction their shares. Assets that, by nature are indivisible into smaller units may still be tokenized to enable smaller, more liquid denominations with the distribution of ownership benefits and risks without owning the entire asset. Similarly, fractionalization makes large assets more accessible to a group of like-minded investors, while also breaking down the investment into smaller units of risk, benefit and commitment that can appeal to a greater number of investors. It can be a great way for investors who aren’t ready to commit to an entire project single-handedly yet still enjoy a process like restoration with a close, invited group, yet incurring little if any management expectations and maintaining some level of liquidity.
A reasonably bullish valuation considering the car’s 20+ years of single ownership by a serial Countach owner who happens to be the producer of a Lamborghini documentary, added to Valentino Balboni’s restoration team’s factory pedigree all add to the car’s provenance. Balboni and Bulloch can be relied upon to optimize this exotic design icon, making a USD$700,000 to USD$800,000 USD valuation reasonable, yet the additional owner-exclusive experiential components are valuable on their own merit. Custom automotive art, video production, and blockchain projects require liquidity, expertise, and curatorial creativity. Mr. Bulloch’s team’s perspective delivers well-informed content, providing exclusive access to NFT shareholders and potentially a limited release later to a wider audience. Factory, shop, museum tours, and ride along with Valentino Balboni are available to the first ten shares, and though one must make their own way to Italy, it’s an experience otherwise not for sale.
The collectible car community is familiar with auctioned vehicles for use in the real world. Internet gamers are more familiar with online auctioned NFTs which often represent digital artwork secured by blockchain for use or trade in the metaverse. For further car community context, the highly publicized Barrett-Jackson NFTs auctioned in 2021 and 2022 included no portion nor physical access to any vehicle - just the promise of owning an exciting moment on the block by way of digital content secured by blockchain. Some would argue that no event or moment in time can be owned. Others found it confusing to see imagery of a car on the famous car auction block without an actual car or tangible automotive item or ephemera being sold.
Tangible assets generally have holding and improvement costs in addition to market changes. Holding costs may include legal, monthly maintenance, storage, and insurance expenses. Like the 4C’s of diamond evaluation, collectible cars have 3 main variables: desirability, provenance, and condition. Restoration can require shipping a car overseas and finding correct rare parts, skills, services, and records. Adding historical documentation can add some value to older cars if unknowns exist, but restoration is generally the most significant improvable variable. The condition can be forcibly increased or decreased (independent of market fluctuations) through restoration, while the value of a tangible asset such as real estate or vintage vehicles is also impacted by the market or its desirability.
In collectibles, supply is limited by the production volume of a past model year, usually a well-known number. Attrition reduces the total number of extant examples of a model, with restorable “barn finds” very rarely adding to the total number of cars. Usually, available supply for a particular model is limited to only a handful of examples offered in a given year, with only some transactions publicized by auctions. Restoration of such assets requires deep and siloed subject matter expertise to obtain optimal value, yet often there are few experts respected for a particular marque or even model.
Countach Experience offers not only a share in the financial outcome but also the pleasures, artful discoveries, mechanical intricacies, and camaraderie of such projects without the unknown headaches and stress that usually arise in the management and funding of such undertakings. The car and restoration team tick the boxes for provenance and condition, and its design, desirability, and market trends in investing and collectible cars all appear quite favorable. Demographics and historical significance of the design will synergize with beautifully crafted imagery to enhance this historic offering.
While the Countach Experience investment is available only to accredited investors, and risk always exists, its insured value is USD$750,000 - should a claim require proportionate distribution. Unlike the Sam Bankman Fried debacle, wherein funds disappeared entirely, the risk is reduced by the asset’s insured, real-world existence. While digital-asset-backed cryptocurrency NFTs have their market ups and downs, some might say that a physical Lamborghini currency is worth more than a fiat currency - definitely more fun to own.
Media Contact:
Chris Nicholson
#phygital#currency#carrency#car-backed#tangible asset backed#nft#crypto#asset backed crypto#tokenized#fractional#countach#countach experience#lamborghini countach restoration
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Logan Paul Sends Look-Alike To Address Crypto Accusations In Interview
Logan Paul pulled a switcheroo on a news outlet looking to do a deep dive into his cryptocurrency practices -- sending a look-alike to take part in an interview in his place. It's all laid out in BBC's new documentary titled "Logan Paul: Bad… via https://ift.tt/tagXeDi
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Logan Paul Sends Look-Alike To Address Crypto Accusations In Interview
Logan Paul pulled a switcheroo on a news outlet looking to do a deep dive into his cryptocurrency practices — sending a look-alike to take part in an interview in his place. It’s all laid out in BBC’s new documentary titled “Logan Paul: Bad… from TMZ.com https://www.tmz.com/2024/11/20/logan-paul-lookalike-crypto-interview/
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Unmasking New Satoshi Nakamoto Hoax as Bitcoin Whitepaper Celebrates 16th Anniversary
Key Points
The Bitcoin whitepaper, which introduced cryptocurrency to the world, celebrates its 16th anniversary.
Speculation continues to surround the true identity of Bitcoin’s creator, Satoshi Nakamoto.
The 16th anniversary of the Bitcoin whitepaper was recently celebrated. The document was released by the pseudonymous creator of Bitcoin, Satoshi Nakamoto, on October 31, 2008. The nine-page thesis, entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”, introduced the concept of cryptocurrency to the world.
Bitcoin’s Whitepaper and Its Influence
The whitepaper described the fundamental structure of the Bitcoin network and proposed a system that allowed individuals to make transactions without government interference or third-party providers. It aimed to solve the issue of “double spending” that was affecting the financial system at the time. The whitepaper also introduced the idea of a decentralized cryptocurrency and stated that only 21 million Bitcoin units would ever be released into the market.
The whitepaper also proposed a network of nodes to validate and record transactions using a Proof-of-Work (PoW) consensus mechanism. Notable developments in the cryptography space, such as Wei Dai’s b-money and Adam Back’s PoW protocol, Hashcash, were incorporated into the Bitcoin system. While the release of the whitepaper didn’t mark the beginning of cryptocurrency, it did help to promote trust among Bitcoin users and the network.
The Mystery of Satoshi Nakamoto
The identity of Satoshi Nakamoto remains a mystery. Recently, an undisclosed agency claimed to know Nakamoto’s true identity and announced plans to reveal it at an upcoming press conference. The event is scheduled to take place at the Frontline Club in Paddington, London, on October 31.
In a press release, the alleged Satoshi Nakamoto stated, “The time has come for me to officially reveal my identity. I am facing significant legal challenges, and I believe the world deserves the truth.” This follows a failed attempt by HBO to reveal Satoshi’s identity in their documentary series, Money Electric: The Bitcoin Mystery. The network suggested that Bitcoin core developer Peter Todd was the original creator of Bitcoin, a claim Todd strongly denied.
The crypto community is eagerly awaiting the reveal of Satoshi Nakamoto’s identity by the PR firm.
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